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05.02.2013 11:15

European stocks traded in different directions

Positively impacted the market corporate reporting companies during the quarter. Thus, the net profit of Munich Re in the fourth quarter of 2012 amounted to 480 million euros, exceeding the average market forecast at 448.3 million euros. The company also announced its intention to increase the dividend for 2012. Revenue ARM Holdings in October-December 2012 increased by 19% - to 164.2 million pounds ($ 259 million), exceeding the median forecast of experts at 152.4 million pounds.

Data released today by the euro zone retail sales were not encouraging. These were worse than expected. Retail sales in December in annual terms amounted to -3.4%, forecast -1.4% for December MoM -0.8%, forecast 0.5%.

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All posted material is a marketing communication solely for informational purposes and reliance on this may lead to loss. Past performance is not a reliable indicator of future results. Please read our full disclaimer.

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